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            [0] => Array
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                    [ArticleID] => 141922
                    [Title] => Metro Pacific shelves plan to sell stake in Negros Navigation
                    [Summary] => Metro Pacific Corp. (MPC) has aborted its plan to unload its controlling stake in domestic shipping line Negros Navigation Co. Inc. (Nenaco) while its only remaining non-property asset, First E-Bank, has been getting several bid offers.


MPC chairman and acting CEO Manuel Pangilinan said the company’s board has decided to withdraw a June 30, 2001 proposal to dispose of its entire 74-percent interest in Nenaco by distributing these shares as property dividends to MPC stockholders.


                    [DatePublished] => 2001-11-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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HOLLAND PACIFIC PAPER INC

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                    [ArticleID] => 141922
                    [Title] => Metro Pacific shelves plan to sell stake in Negros Navigation
                    [Summary] => Metro Pacific Corp. (MPC) has aborted its plan to unload its controlling stake in domestic shipping line Negros Navigation Co. Inc. (Nenaco) while its only remaining non-property asset, First E-Bank, has been getting several bid offers.


MPC chairman and acting CEO Manuel Pangilinan said the company’s board has decided to withdraw a June 30, 2001 proposal to dispose of its entire 74-percent interest in Nenaco by distributing these shares as property dividends to MPC stockholders.


                    [DatePublished] => 2001-11-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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abtest

Metro Pacific shelves plan to sell stake in Negros Navigation

By Christina Mendez | November 30, 2001 - 12:00am

Metro Pacific Corp. (MPC) has aborted its plan to unload its controlling stake in domestic shipping line Negros Navigation Co. Inc. (Nenaco) while its only remaining non-property asset, First E-Bank, has been getting...

Business